The shekel is stable against both the dollar and the euro in inter-bank trading today.
In international markets, the dollar is traded at $1.258/€ against the euro and at 79.41/$ against the yen.
Moody's yesterday downgraded its sovereign bond rating for Spain, a day after Fitch Ratings downgraded Spanish banks. Rumors are spreading that Italy - the eurozone's third largest economy - could be next on the list, after Spain, for a bailout.
Published by Globes [online], Israel business news - www.globes-online.com - on June 14, 2012
© Copyright of Globes Publisher Itonut (1983) Ltd. 2012
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